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The Governor of a Border State Wants to Know If

question 8

Essay

The governor of a border state wants to know if the United Nations' Protocol to Prevent,Suppress and Punish Trafficking in Persons,especially Women and Children,applies to her state,where she approved an agreement with a foreign corporation by which the corporation would hire foreign individuals and transport them to her state for work on the hog farms.What would be your answer to the governor?


Definitions:

Forward Exchange Rate

The agreed upon exchange rate for a currency pair to be traded at a future date, used in hedging and speculation.

Spot Exchange Rate

The current price for which one currency can be exchanged for another.

Foreign Exchange Market

A global marketplace for exchanging national currencies against one another.

Canadian Dollars

In Canada, the national currency is indicated by CAD or C$.

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